Archive – China

The American Numismatic Society’s Board of Trustees has approved the sale of a group of duplicate modern Chinese coins from the collection of its East Asian Department (estimated at $200,000). The pieces have been consigned to Stacks Bowers Ponterio Hong Kong Auction...
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The Bank of China in Hong Kong has issued a limited edition of banknotes commemorating its centenary jubilee. Frenzied scenes occurred in front of the building the day of the restricted distribution, prices went high but nobody can know for sure how the market value will develop.
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For the first time since 1997, China is issuing an official set of gold & silver medals to commemorate a prestigious coin fair. Four new official Panda medals commemorating the Singapore International Coin Fair have been released.
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A new coin of Macau’s lunar coin series will be issued by The Singapore Mint in September 2012. It features the snake, this year’s animal according to the traditional Chinese lunar calendar, and, on the reverse, the ruins of St Paul’s in the historical centre of Macau.
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‘Time Style’ presents in a slideshow fifteen buildings which, as a matter of fact, do not look like buildings. Some of them seem to originate from another planet, others are made up like statues or flames, and one was inspired by traditional Chinese cash money.
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Quite rightly, China prides itself of its long history, impressively evidenced by the Chinese monetary tradition that took a different route than our western one. In three parts Ursula Kampmann describes this intriguing development.
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That the first Chinese coins western-style are obtaining phenomenal prices right now has become common knowledge. The recent Künker sale proved the willingness of Chinese collectors to pay incredibly high sums of money for coins that are less than a quarter of a century old.
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Two new issues, commemorating the Imperial Palaces of the Ming and Qing Dynasties in the Forbidden City and Shenyang, illustrate the appeal of medallic art in China. Designed by Long Hu and sculpted by Lin Feng and Li Jin, these are being struck at the Shanghai Mint.
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100,000 remimbi was the sum a Jiangsu-based farmer had saved. As has been customary for millennia, he had buried the money in the ground. It took only four years for his fortune to turn into mush.
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For years, the art world keeps looking east. Chinese art obtains record prices and more than one auction house achieves its largest turnover in China. Analyzing the results from 2014, however, a report now concludes that the upward trend has come to an end.
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In the course of autumn 2016, Zimbabwe will introduce the Chinese yuan as its third official currency. This is a welcome deal considering that China in turn will cancel 40 million US dollars in debts.
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In 2017, China and Germany celebrate the 45th anniversary of the establishment of diplomatic relations. Michael Chou and Künker took this as an occasion to initiate two medals of which the German version was first struck on June 30, 2017.
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Are you interested in the monetary history of China? It encompasses everything you can imagine: from pre-monetary currency to the first bills. François Thierry has compiled all this in a handbook spanning 700 pages. Ursula Kampmann has taken a look.
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Paying for your coffee with just one click on your mobile? In China, this becomes increasingly popular. Several trillions worth of money are transferred from one virtual wallet to the other. The government currently discovers digital payments, too.
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Ask your investment consultant. He will tell you that gold has been a safe haven since the creation of the world. And when he tells you so, he has forgotten that the American ban of gold ownership was lifted as late as December 31, 1974.
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When you watch a movie, you want it to be as realistic as possible. A case in Hong Kong has now proven that some cinematic elements can also be too authentic. Two prop makers were sentenced to four months in prison – because their prop money was too realistic.
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